Manitoba Hydro Applies for 3.95% Rate Hike

Manitoba Hydro has applied to the Public Utilities Board for rate increase of 3.95 percent in 2015 and 2016.

Hydro president and CEO Scott Thomson says the increases are needed for continued safe and reliable supply of electricity to Manitobans.

“Manitoba Hydro’s distribution system is aging and needs to be renewed, and in many cases, expanded. Without needed investment, the system will become increasingly unreliable, outages more frequent and customers will not receive the service they have come to expect from us,” Thomson said.

The monthly bill for a residential customer would increase an average of $6.11. If approved, the rate increases would take effect April 1 each year.